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Pound up 1% against dollar after Sunak installed as PM

Pound down 2% against dollar after BoE rate hike
Source: Pixabay

The pound rose more than one percent against the dollar on Tuesday after Rishi Sunak took office as Britain’s prime minister.

At 1320 GMT the pound was up 1.2 percent to $1.1411, and up 0.7 percent against the euro to 87.64 pence.


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Agence France-Presse (AFP) is a French state-owned international news agency based in Paris. It is the world's oldest news agency, having been founded in 1835 as Havas.

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